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Integrated Cyber Solutions, Inc. ( (TSE:ICS) ) has issued an update.
Integrated Cyber Solutions Inc. has announced an increase in its non-brokered private placement financing, now offering 12,000,000 common shares at C$0.25 per share for gross proceeds of $3,000,000. The proceeds will be used for general working capital and software development, with the offering subject to conditions including regulatory approval. This move aims to bolster the company’s financial position and support its ongoing development of cybersecurity technologies, potentially enhancing its market position and shareholder value.
More about Integrated Cyber Solutions, Inc.
Integrated Cyber Solutions is an AI-powered cybersecurity company focused on protecting the human layer while advancing novel technologies that redefine enterprise security. The company is developing a defensible portfolio of intellectual property, including quantum-resilient AI deployment and data securitization architecture, designed to safeguard sensitive enterprise data and machine learning models against current and future threats.
Average Trading Volume: 64,557
Technical Sentiment Signal: Buy
Current Market Cap: C$37.02M
For an in-depth examination of ICS stock, go to TipRanks’ Overview page.